Avigilon Awarded Patent for its High Definition Stream Management (HDSM) Technology
Breakthrough technology delivers increased scalability and optimal bandwidth management for HD video footage
VANCOUVER, Oct. 1, 2014 /CNW/ - Avigilon Corporation ("Avigilon") (TSX:AVO), a leading global provider of end-to-end security solutions, today announced that its High Definition Stream Management (HDSM) technology has been awarded patent number US 8,831,090 by the United States Patent and Trademark Office.
Introduced in 2008, HDSM technology has been instrumental in advancing Avigilon's position as the premier provider of cost-effective, innovative, high-definition security solutions. HDSM, a video stream management technology, intelligently manages the bandwidth consumed by high-definition video footage while maintaining superior image detail.
The awarded patent covers the innovative mechanism underlying HDSM, which allows a user viewing video to directly influence the resolution and quality of video streamed over a network without increasing latency or decreasing the quality of stored video. Users then leverage HDSM technology with current hardware to achieve reduced bandwidth consumption while maintaining maximum image detail. HDSM technology enables the handling of high-resolution images while also being cost-effective and placing minimal needs on network and storage infrastructure.
"Receiving this patent reinforces Avigilon's position as a true innovator in the security industry," said Alexander Fernandes, founder, president, CEO and chairman of the board for Avigilon. "Our HDSM technology is a revolutionary solution that has differentiated us from the competition since we first launched it in 2008. HDSM technology enables users to operate a true, high-definition security system that intelligently transmits and stores video, all while protecting the bottom line. The result is that Avigilon is able to provide state-of-the-art, high-definition solutions to customers at a much lower total cost of ownership than our competitors."
This patent further enhances Avigilon's portfolio of intellectual property. Avigilon now has 25 patents issued and 109 patents pending internationally covering the technology in its advanced high-definition cameras, video management software, video analytics systems and access control products.
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About Avigilon
Avigilon Corporation is defining the future of protection through innovative end-to-end security solutions. Avigilon's industry-leading HD network video management software, megapixel cameras, access control and video analytics products are reinventing the security market. Information about Avigilon can be found at avigilon.com.
AVIGILON, HDSM, and HIGH DEFINITION STREAM MANAGEMENT (HDSM) are the registered and/or unregistered trademarks of Avigilon Corporation in Canada and other jurisdictions worldwide. Other product names mentioned herein may be the registered and/or unregistered trademarks of their respective owners.
Forward Looking Statements
Certain statements contained in this news release, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Often, but not always, forward-looking statements or information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. With respect to forward-looking statements and information contained herein, we have made numerous assumptions. Although our management believes that the assumptions made and the expectations represented by such statement or information are reasonable, there can be no assurance that any forward-looking statement or information referenced herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Such risks, uncertainties and other factors include, among other things those risks identified in Avigilon's most recent Annual Information Form and prospectus, each of which is filed on SEDAR at www.sedar.com.
Although we have attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking statements or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Also, many of the factors are beyond the control of Avigilon. Accordingly, readers should not place undue reliance on forward-looking statements or information. Avigilon undertakes no obligation to reissue or update any forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. All forward-looking statements and information herein are qualified by this cautionary statement.
SOURCE: Avigilon Corporation
Stephanie Von Zuben
Communications Specialist
(604) 629-5182
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